Question: Ragsdell Corporation had the following transactions 1 Issued 200 000 of

Ragsdell Corporation had the following transactions.
1. Issued $200,000 of bonds payable.
2. Paid utilities expense.
3. Issued 500 shares of preferred stock for $45,000.
4. Sold land and a building for $250,000.
5. Lent $30,000 to Tegtmeier Corporation, receiving Tegtmeier’s 1-year, 12% note.
Classify each of these transactions by type of cash flow activity (operating, investing, or financing).


View Solution:


Sale on SolutionInn
Sales4
Views450
Comments
  • CreatedJanuary 30, 2014
  • Files Included
Post your question
5000